The large firms and key industries are publicly owned, and the working class is in control of the state while capitalists are suppressed and prevented from expanding into those principal firms and industries. It’s been socialist since the CPC successfully overthrew the nationalists.
The communists overthrew the nationalists, and since then public ownership is the principle aspect of the economy. Democracy was expanded and is comprehensively surveyed from the bottom-up, and capitalists are kept in check by the socialist state.
What exactly do you want to read about? That’s a broad question, if you narrow it down a bit I might be able to give you a more focused answer.
What does “public ownership” mean? They’re not paying dividends to every Chinese citizen, right? I assume you mean “the state”, in which case I’m not seeing your point.
Public ownership doesn’t mean receipt of dividends, like some kind of massive cooperative. It means owned across all of society. The state handles that in socialism, yes, China is socialist.
The state is an extension of the ruling class, it isn’t an independent entity. Ownership of the state is largely determined by which aspect is principle, private ownership, public ownership, etc. In China, public, collective ownership is principle, and the communists created a socialist state after overthrowing the nationalists.
You said “the working class is in control of the state”, and I was looking for some argument to support that. I think Xi is in charge of the state, and I don’t think the working class gets much say in that.
Socialist market economies are a type of socialist economy, particularly in the primary stage. Socialism isn’t a unique mode of production determined by purity, but just like the others, by its principle aspect. What might help paint a better picture for you is looking at Cheng Enfu’s diagram of the stages of socialism:
China presently is in the primary stage, but is at this point well along to the next stage, the intermediate. These aren’t hard lines or jumps, but gradually worked through and towards.
China is by no means a socialist country.
Maybe spend a bit of time learning what words mean before using them.
I know what words mean. China is a socialist market economy, which is not socialism.
imagine being so ignorant as to think that markets are at odds with socialism 🤣
Cope
The PRC is a mixed economy, with the planned, socialist sector dominant, and a limited/restricted private sector.
Is China State Capitalist?
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The large firms and key industries are publicly owned, and the working class is in control of the state while capitalists are suppressed and prevented from expanding into those principal firms and industries. It’s been socialist since the CPC successfully overthrew the nationalists.
I’m sorry, the working class is in control of the state? I’d love to hear something to back up such a strong statement.
The communists overthrew the nationalists, and since then public ownership is the principle aspect of the economy. Democracy was expanded and is comprehensively surveyed from the bottom-up, and capitalists are kept in check by the socialist state.
What exactly do you want to read about? That’s a broad question, if you narrow it down a bit I might be able to give you a more focused answer.
What does “public ownership” mean? They’re not paying dividends to every Chinese citizen, right? I assume you mean “the state”, in which case I’m not seeing your point.
Public ownership doesn’t mean receipt of dividends, like some kind of massive cooperative. It means owned across all of society. The state handles that in socialism, yes, China is socialist.
OK but you said public ownership as a part of how “the working class” is in control of the state, and this sounds like not that.
The state is an extension of the ruling class, it isn’t an independent entity. Ownership of the state is largely determined by which aspect is principle, private ownership, public ownership, etc. In China, public, collective ownership is principle, and the communists created a socialist state after overthrowing the nationalists.
I’m not seeing your point.
You said “the working class is in control of the state”, and I was looking for some argument to support that. I think Xi is in charge of the state, and I don’t think the working class gets much say in that.
China is a socialist market economy, not a socialist economy.
You can’t have a stock market and be a socialist economy.
Socialist market economies are a type of socialist economy, particularly in the primary stage. Socialism isn’t a unique mode of production determined by purity, but just like the others, by its principle aspect. What might help paint a better picture for you is looking at Cheng Enfu’s diagram of the stages of socialism:
China presently is in the primary stage, but is at this point well along to the next stage, the intermediate. These aren’t hard lines or jumps, but gradually worked through and towards.
Cope